Posted on 03/26/2020 7:31:18 PM PDT by ransomnote
***
Today Trump signed in to law a whole slew of new alphabet-soup agencies: CPFF (Commercial Paper Funding Facility) buying commercial paper from the issuer. PMCCF (Primary Market Corporate Credit Facility) buying corporate bonds from the issuer. TALF (Term Asset-Backed Securities Loan Facility) funding backstop for asset-backed securities. SMCCF (Secondary Market Corporate Credit Facility) buying corporate bonds and bond ETFs in the secondary market. MSBLP (Main Street Business Lending Program)
Thing is, the Fed isn’t allowed to do any of these things. But the Dep’t of the Treasury, under CEO Steve Mnuchin and President Donald J. Trump can.
The Fed will finance a special purpose vehicle (SPV) for each alphabet soup. Treasury, using the Exchange Stabilization Fund, will make an equity investment in each SPV, acting as banker and providing financing.
Trump is very smart in Finance (Good Brain) but I suspect Mnuchin’s fingerprints are all over this construct. It’s not only brilliant but the Dems have no idea what just happened, they’re too busy pissing and moaning over their green bad deal to realize Trump just acquired the keys to the government’s printing press.
This is going to be great!
It’s true & expected - the trolls that appeared on these threads in recent days trying to get the bill defeated dismissed the inevitability that POTUS would issue a signing statement; this one is actually quite limited to many prior president(s) before: http://freerepublic.com/focus/chat/3828727/posts?q=1&;page=501#534
https://www.freerepublic.com/focus/news/3829113/posts?page=1
Obama Admin Repeatedly Sought Millions In CDC Funding Cuts, Despite Bidens Attacks On Trump Preparedness
abcnews.com ^ | 3/27/2020 | brandon d. jones
Thanks bitt!
Here’s info on Texas action on hydroxy and azithro (copied n pasted from FB) they limited the prescription to a 14 day supply.
“No prescription or medication order for chloroquine or hydroxychloroquine may be dispensed or distributed unless all the following apply:
(a) the prescription or medication order bears a written diagnosis from the prescriber consistent with the evidence for its use;
(b) the prescription or medication order is limited to no more than a fourteen (14) day supply, unless the patient was previously established on the medication prior to the effective date of this rule; and
(c) no refills may be permitted unless a new prescription or medication order is furnished.”
If you have been using this medication long term, you should have no issue getting it as long as supplies are readily available. Your healthcare provider may just need to send a new script to your pharmacy with your qualifying diagnosis.
“
ThankQ !!
bigbob wrote:
“Today Trump signed in to law a whole slew of new alphabet-soup agencies: CPFF (Commercial Paper Funding Facility) buying commercial paper from the issuer. PMCCF (Primary Market Corporate Credit Facility) buying corporate bonds from the issuer. TALF (Term Asset-Backed Securities Loan Facility) funding backstop for asset-backed securities. SMCCF (Secondary Market Corporate Credit Facility) buying corporate bonds and bond ETFs in the secondary market. MSBLP (Main Street Business Lending Program)
Thing is, the Fed isnt allowed to do any of these things. But the Dept of the Treasury, under CEO Steve Mnuchin and President Donald J. Trump can.
The Fed will finance a special purpose vehicle (SPV) for each alphabet soup. Treasury, using the Exchange Stabilization Fund, will make an equity investment in each SPV, acting as banker and providing financing.
Trump is very smart in Finance (Good Brain) but I suspect Mnuchins fingerprints are all over this construct. Its not only brilliant but the Dems have no idea what just happened, theyre too busy pissing and moaning over their green bad deal to realize Trump just acquired the keys to the governments printing press.
This is going to be great!”
yow!!
Maybe the land developer will buy Greenland?
Very interesting afternoon.
I’m going to study some and wait for reactions until sometime Monday before I celebrate too much, but.....
Maybe...
Well, I didn’t save any of the links that I read—but NONE of it was from China.
Okay, the only source linked that I read was research from China. I just like to see non-China sources, ykwim.
Indeed - thats why I said possibility.
I am so sorry to be such a drive by blind lemon Johnson poster, but tonights X-22 report is gonna sting a little for some of my FreeQ Peeps here, but I want you to know. I love yall and Im still sorry for my meltdown I dont even have the heart to drop a link.
https://twitter.com/KillAuDeepState/status/1243683116809515009/photo/2
Ho. Lee. Fuk.
Read the whole thing. This will get rid of the Fed — including auditing it.
Good bye deep state forever.
I think the thing is, instead of the Treasury paying interest to a private bank (the Fed) on the national debt, in future we will be paying it to ourselves, essentially canceling it out. It’s the INTEREST on the National Debt that has been crippling our budget. Since currently ALL money is debt, the national debt = the money supply, and it’s only ever gone up.
https://www.freerepublic.com/focus/news/3829117/posts?page=1
Coronavirus cure: French researchers completed new additional study on 80 patients, results show a combination of Hydroxychloroquine and Azithromycin to be effective in treating COVID-19
techstartups.com ^ | TechStartups Team | team
(Didier Raoult)
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.